The Mineral Resources Authority (MRA) is committing K700 million ($2.6 million) in infrastructure development funding to help resettle Porgera landowners.
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Barrick Gold, through its subsidiary New Porgera Limited (NPL) is working with the United Nations (UN) and Enga Provincial Government (EPG) to assist with humanitarian aid in Porgera Valley.
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The Porgera gold mine has met or exceeded its targets since resuming mining in December 2023, with gold production for the first half of 2024 above guidance.
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Enga Governor Peter Ipatas is urging landowners of the Porgera mine to both find a balance in the community development agreement (CDA) negotiations while ensuring the CDA is signed in a timely manner.
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Barrick Gold reached production of 940,000 ounces of gold and 40,000 tonnes of copper in the first quarter of the year (Q1). The miner is on track to reach its 2024 targets.
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